Web financing

To Build Native Web 3.0 Payments Infrastructure, Airswift Raises $2M in Pre-Seed Funding Led by CE Innovation Capital

Content of the article

VANCOUVER, British Columbia – Airswift, a fintech start-up pioneering web 3.0 native payment solutions, announced that it has raised US$2 million in a pre-seed funding round led by CE Innovation Capital (CEiC).

The latest funding comes amid bearish market sentiment and uncertainty around the crypto. This indicates that investors are confident in Airswift’s unique model and optimistic about the future of payment solutions that fuel the use of digital assets.

With blockchain technology at its core, Airswift is building a complete payment infrastructure native to Web 3.0. This includes an easy-to-use on-chain payment gateway that allows merchants to accept both crypto and fiat currency, enabling frictionless purchases with digital assets. Airswift plans to launch its initial product by September 2022, making it one of the first comprehensive payment gateway solutions that facilitate the acceptance of digital assets worldwide.

Content of the article

“The increase in CEiC shows that investors have confidence in our unique strengths in blockchain R&D, payment gateway operations, regulatory compliance, among other factors,” said Dr. Yan Zhang, co-founder and CEO of Airswift. “The current challenge associated with enabling crypto payments relates to both technical areas and fund aggregation. Airswift is committed to solving these issues with a decentralized payment gateway that protects user privacy and supports a liquidity pool model powered by blockchain technology.

As a global fintech-focused investor, CEiC firmly believes that blockchain-enabled payment solutions are a fundamental technological innovation that could create a paradigm shift in the financial services industry worldwide. The Fintech investor points out that the market is in its infancy, with huge potential for growth. In 2021, the global volume of blockchain-enabled payments reached USD 15-16 billion, representing only a small fraction of that year’s total global digital payments volume of USD 7.5 trillion. The investor appreciates Airswift’s unique advantages in its established and forward-looking CeFi and DeFi solutions, as well as its team’s wealth of experience, business acumen and prudent regulatory mindset towards the financial sectors. payments and blockchain. CEiC is excited to partner with Airswift to create new payment solutions that could disrupt the global trillion-dollar digital payments market.

Airswift was co-founded by CEO Dr. Yan Zhang, a successful entrepreneur in crypto, e-commerce and Fintech. Its team brings comprehensive expertise in blockchain R&D, having obtained more than fifty technology-related patents. Airswift also has significant experience in payment gateway operations, securing strong regulatory approvals in North America, SEA and EMEA.

About Airswift

Airswift is a financial technology company pioneering crypto payment solutions for businesses and consumers around the world. It provides a web 3.0 native omnichannel payment gateway, crypto-funded prepaid cards, and on-ramp and exit services that connect businesses to consumers. Airswift is widely recognized as a leader in blockchain technology, with extensive operational experience in global digital payments and enterprise web 3.0 financial infrastructure. Based in Vancouver, Canada, Airswift was established in 2022 with the backing of major industry investors. For more information, please visit https://airswift.io.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220808005152/en/

logo

contacts

Annie Lin
PR@airswift.io
+1-604-337-8738

#distro